WESTLANDS AND KAREN RATED BEST PERFORMING RETAIL NODES IN NAIROBI

The tough operating environment in Kenya has led to a subdued real estate performance across the various real estate themes. This is according to the latest Cytonn Retail Sector Report-2020. The report analyses the performance of the retail sector in Kenya through tracking the changes in occupancies, rental yields and rental rates. It also outlines the retail space demand, opportunity and outlook of the sector. According to the report: In the retail sector, performance declined recording average rental yields of 6.7%, 0.3% points lower than the 7.0% recorded in 2019.…

StarTimes announces new move to to maintain its customers

Pay Television Company StarTimes Media has unveiled a strategic subscriber retention policy that will enable subscribers on both terrestrial and satellite platforms to watch local and international content reserved for higher bouquets at the cost of lower bouquets upon renewal of their monthly bouquet of choice Following the new policy, subscribers recharging their bouquet of choice for two months will enjoy access to the next higher bouquet for a similar period where terrestrial platform’s Nyota bouquet subscribers will access Basic bouquet content, basic subscribers access Classic bouquet content for a…

The real toll of coronavirus in Russia

Credits CNN A CNN investigation has revealed startling new evidence of how Russia may be severely understating the impact of Covid-19 across the country. Senior International Correspondent Matthew Chance reports that videos obtained by CNN reveal the conditions inside overcrowded hospitals and morgues. The footage includes harrowing images of a lifeless body hanging off a stretcher as coronavirus patients battle for their lives just a few feet away, with others showing bodies, stripped naked, piled on top of each other. The videos are one of several signs pointing to an…

KENAFRIC INDUSTRIES REVAMPS FRESH CHEWING GUM

Confectionery Firm, Kenafric Industries Limited (KIL) has rebranded its flagship gum brand; Fresh Chewing Gum. According to KIL the revamped chewing gum has improved gum base to deliver an enhanced chewing experience with extra lasting freshness and flavor, while maintain its current Retail Price of Kes. 5 for four pellets. Over 65% of Kenyans chew gum and as players in this consumer category, Fresh dominates in the fresh breath segment in the said category, Fresh Chewing Gum is the only Chiclet Chewing Gum with five ranges of flavor namely, Menthol,…

Nestlé provides Nutrition Education to over 800 Students and 22 Primary schools.

Initiative has encouraged children replicate their school experience to establish kitchen gardens at home With schools closed in response to the COVID-19 pandemic, over 800 students and their parents from 22 primary schools across the country have benefited from Nutrition, Water, Sanitation and Hygiene (WASH) education delivered through digital platforms, by the Nestlé for Healthier Kids Program (N4HK), to help address malnutrition among school going children.   The children aged between 6 – 12 years, in Grade 1 – 4, received guidance on preparing nutritious, affordable and balanced meals and…

Del Monte launches Women Health and Empowerment Program targeting over 10,000 women.

Murangá based food processor, Del Monte Kenya Limited (DMKL) has officially launched its Women’s Health and Empowerment program with a six – day employee awareness campaign offering free Reproductive Health Cancers screening and Contraceptives use. The Del Monte Kenya Medical Team and peer educators from Family Health Option, will also sensitize the employees and their dependents on Menstrual Health Hygiene, Sexually Transmitted Infections (STIs) and HIV. They will also offer trainings and counselling on Gender-Based Violence in and out of the workplace. According to Del Monte Kenya’s Managing Director, Stergios…

Sarova Hotels & Resorts Wins 2020 World Luxury Hotel Award.

Sarova Hotels and Resorts, Kenya’s first indigenous hospitality company has this year clinched top accolades at the 14th edition of the World Luxury Hotel Awards for outstanding service in the Industry. Sarova Whitesands Beach Resort & Spa clinched the best Luxury Family Beach Resort in the region while Sarova Mara Game Camp won the best Tented Safari Camp at the world’s most prestigious and exclusive awards which recognize the best facilities and service quality the hotel industry has to offer. The region’s leading Hospitality Group which is committed to hospitality…

PROPERTY, PENSION INDUSTRY PLAYERS LAUD NEW MORTGAGE REGULATIONS

Property and pension industry players have welcomed the new mortgage regulations during a 3-day conference that combined insights from both regional and global experts on the implementation of the new regulation. The Mortgage Regulation 2020 stipulates that the funds accessed upon retirement can only be used on a dwelling house for residential purposes with members accessing up to 40% of the accrued benefits, capped at KES 7 million. “This conference aims to put our heads together and come up with administrative actions to assist the trustees in the implementation of this…

OPPO to unveil three innovative concept products at the INNO DAY

Global technology firm, OPPO is set to hold its annual OPPO INNO DAY on November 17, 2020 in Shenzhen, China under the theme “Leap into the Future”, in an event the firm will showcase its latest thinking and breakthroughs at the era of Internet of Experience. Tony Chen, OPPO Founder and CEO, as well as Levin Liu, OPPO Vice President and Head of OPPO Research Institute will deliver keynote speeches to share updates about the company’s technology vision and business philosophy for the new era and unveil three concept products.…

Hennessy embarks on supporting creatives, empowers e-tailers as businesses go fully digital

Hennessy embarks on supporting creatives, empowers e-tailers as businesses go fully digital Hennessy through its Never Stop Never Settle campaign initially launched before the coronavirus pandemic is supporting creatives to promote the spirit of pushing limits to achieve greater success. The initiative launched across the African continent to empower African youth actively engaged in their different lines of craft has drawn respected individuals inspired by the beverage’s spirit of standing the test time, to also inspire others to go beyond the ordinary. In Kenya, the brand has been partnering with…